Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
LARCHFIELD is a large extended detached house of 195m², built sometime between 1983 and 1990. It was last sold for £322,500 in January 2020, which was around 11% below the average January 2020 detached price in the Somerset local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for LARCHFIELD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. The five LARCHFIELD sales were a mix of below the average price, roughly equal to the average price, and above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2020 23 JAN | £322,500 | £363,310 | 11% below HPI |
2013 5 DEC | £279,950 | £279,254 | Close to HPI |
2004 17 AUG | £247,500 | £251,719 | 2% below HPI |
1998 14 AUG | £125,000 | £105,398 | 19% above HPI |
1996 8 JAN | £75,000 | £81,752 | 8% below HPI |
The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The five LARCHFIELD sales between January 1996 and January 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
LARCHFIELD is 195m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the largest 30% of detached houses in Penselwood, based on EPC data. The below chart shows the distribution of detached houses by size in Penselwood, and where LARCHFIELD lies on this distribution: 75% of detached houses are smaller than LARCHFIELD, and 25% of houses are larger. Note that EPC data is not available for all properties in Penselwood.
LARCHFIELD sits on a plot of roughly 0.226 of an acre, or 914m². The below map shows the location of LARCHFIELD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of LARCHFIELD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
LARCHFIELD is located on BLEAK STREET in PEN SELWOOD, in the BA9 postcode district. The below map shows the position of LARCHFIELD on BLEAK STREET.